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Stonehorse Energy Ltd ( (AU:SHE) ) just unveiled an update.
Stonehorse Energy Limited reported steady operational performance for the quarter ending September 2025, driven by higher-than-expected production numbers from its Canadian operations. The company generated A$682k in revenue from its Canadian and US wells, with total cash reserves of approximately A$6.3 million. Stonehorse is focusing on business development initiatives in the Western Canadian Sedimentary Basin, despite a challenging price environment, and is considering increasing its resources in Canada. The company also announced the resignation of a board director and is managing day-to-day operations under the Executive Chairman.
More about Stonehorse Energy Ltd
Stonehorse Energy Limited is an oil and gas producer with operations primarily focused on Canada and the United States. The company is involved in the production and development of oil and gas wells, with a strategic emphasis on expanding production revenues in Canada while maintaining seasoned production revenues from its US portfolio.
Technical Sentiment Signal: Sell
Current Market Cap: A$4.79M
See more data about SHE stock on TipRanks’ Stock Analysis page.